Mark Mobius underperformed 80% of his peers over the past 15 years. Most of his active fund manager peers underperformed cheaper passive funds.
Mark Mobius is the face of emerging market active fund managers. One would have thought his performance was top-notch given his high profile. It is really disappointing to learn about the true facts about his performance. He subtracted value for his investors. His investors would be better off investing in far cheaper passive funds.
https://www.bloomberg.com/news/arti...ging-market-guru-set-to-retire-after-30-years
As technological advancements gave rise to new investment strategies, Mobius’s performance began to taper, according to Russel Kinnel, director of manager research at Morningstar in Chicago. The Templeton Developing Markets Trust, which he co-managed from 1991 to 2017, trailed 80 percent of its peers over the past 15 years, Morningstar data show.
Mark Mobius is the face of emerging market active fund managers. One would have thought his performance was top-notch given his high profile. It is really disappointing to learn about the true facts about his performance. He subtracted value for his investors. His investors would be better off investing in far cheaper passive funds.
https://www.bloomberg.com/news/arti...ging-market-guru-set-to-retire-after-30-years
As technological advancements gave rise to new investment strategies, Mobius’s performance began to taper, according to Russel Kinnel, director of manager research at Morningstar in Chicago. The Templeton Developing Markets Trust, which he co-managed from 1991 to 2017, trailed 80 percent of its peers over the past 15 years, Morningstar data show.
I'm a retail investor/trader, not professional fund manager.
